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GLASS LEWIS RECOMMENDS MGM SHAREHOLDERS ENDORSE LAND
AND BUILDINGS NOMINEE
Recommends MGM Shareholders Vote on the GOLD Proxy Card to Elect Land and Buildings
Nominee Matthew Hart
Stamford, CT— (May 15, 2015) – Land and Buildings Investment Management, LLC (“Land and
Buildings”) today announced that Glass, Lewis & Co., a leading independent proxy voting
advisory firm, has recommended that shareholders of MGM Resorts International (NYSE:MGM)
(“MGM” or the “Company”) vote on the GOLD proxy card to elect nominee Matthew Hart, saying:

“In light of the Company's prevalent shareholder return underperformance and
undervaluation relative to peers, as well as lingering concerns with respect to capital
allocation, financial discipline, accountability and overall boardroom culture, we believe
the Dissident has established a case for change at the board level.”

“In our view, L&B has presented a compelling opportunity for MGM to unlock substantial
value through a potential REIT conversion and additional measures which would further
de-lever the balance sheet.”

“…we believe further renewal of the MGM board will reinvigorate the boardroom culture,
add a fresh perspective and provide greater assurance that all strategic alternatives are
rigorously considered.”

“We believe Mr. Hart would bring a fresh perspective and provide greater assurance that
all opportunities to enhance value, including a REIT conversion, are properly evaluated
by directors. We also believe his addition to the board would reinforce the Company's
capital allocation discipline and bring valuable insights for MGM's operations and
corporate structure going forward.”
Jonathan Litt, Founder and CIO of Land and Buildings, said, “The fact that Glass Lewis is
endorsing one of our nominees sends a clear message that change is needed in the MGM
boardroom in order to deliver value for all shareholders. We are extremely gratified that Glass
Lewis has agreed with so many of the points we have brought to light throughout this campaign,
and encourage shareholders to follow the Glass Lewis recommendation and vote on the Gold
proxy card.”
To follow the Glass Lewis recommendation, MGM shareholders do not vote on the Company’s
white proxy card, and vote on the GOLD proxy card to elect nominee Matthew Hart.
For additional information, please visit www.RestoreMGM.com.
About Land and Buildings:
Land and Buildings is a registered investment manager specializing in publicly traded real estate
and real estate related securities. Land and Buildings seeks to deliver attractive risk adjusted
returns by opportunistically investing in securities of global real estate and real estate related
companies, leveraging its investment professionals' deep experience, research expertise and
industry relationships.
Investor Contact:
Scott Winter / Jonathan Salzberger
Innisfree M&A Incorporated
212-750-5833
Media Contact:
Elliot Sloane / Dan Zacchei
Sloane & Company
212-486-9500
[email protected] or
[email protected]
LAND & BUILDINGS CAPITAL GROWTH FUND, L.P., LAND & BUILDINGS INVESTMENT
MANAGEMENT, LLC AND JONATHAN LITT (COLLECTIVELY, "LAND & BUILDINGS")
AND MATTHEW J. HART, RICHARD KINCAID AND MARC A. WEISMAN (TOGETHER
WITH LAND & BUILDINGS, THE "PARTICIPANTS") FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION (THE "SEC") ON APRIL 16, 2015 A DEFINITIVE PROXY
STATEMENT AND ACCOMPANYING FORM OF PROXY CARD TO BE USED IN
CONNECTION WITH THE PARTICIPANTS' SOLICITATION OF PROXIES FROM THE
STOCKHOLDERS OF MGM RESORTS INTERNATIONAL (THE "COMPANY") FOR USE
AT THE COMPANY'S 2015 ANNUAL MEETING OF STOCKHOLDERS (THE "PROXY
SOLICITATION"). ALL STOCKHOLDERS OF THE COMPANY ARE ADVISED TO READ
THE DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS RELATED TO THE
PROXY SOLICITATION BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING ADDITIONAL INFORMATION RELATED TO THE PARTICIPANTS. THE
DEFINITIVE PROXY STATEMENT AND AN ACCOMPANYING PROXY CARD HAVE BEEN
FURNISHED TO SOME OR ALL OF THE COMPANY'S STOCKHOLDERS AND ARE,
ALONG WITH OTHER RELEVANT DOCUMENTS, AVAILABLE AT NO CHARGE ON THE
SEC'S WEBSITE AT HTTP://WWW.SEC.GOV/. IN ADDITION, INNISFREE M&A
INCORPORATED, LAND & BUILDING'S PROXY SOLICITOR, WILL PROVIDE COPIES OF
THE DEFINITIVE PROXY STATEMENT AND ACCOMPANYING PROXY CARD WITHOUT
CHARGE UPON REQUEST.